icetana secures first purchase orders in U.S. prisons market

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// Perth based icetana has secured $137,000 worth of purchase orders to provide video analytics solutions for U.S. prisons…

Earlier this year, Startup News reported that icetana (ASX:ICE) became the first home grown tech startup to list on the ASX for a few years.

Now the company is pleased to announce its first purchase orders for the U.S. correctional services market, after two new 5 year client orders were confirmed with hardware vendor Rasilient Systems, Inc. to supply icetana’s video analytics solution to two prisons.

The orders are significant as they represent icetana’s first U.S. prison customers and a geographic expansion of the correctional services vertical market sector beyond existing Australian based prison management clients.

icetana provides video analytics solutions to a variety of industries (Source: icetana.com)

The U.S. prisons market is one of the largest in the world and the state authority is known as a leading operator in the U.S., providing an excellent reference opportunity for both Rasilient and icetana.

This deployment represents a small subset of the total camera footprint of the state prisons operated by this end-customer, with the potential to extend coverage over time to additional sites with this customer and to other correctional services clients in the U.S.

“I am very pleased with the progress of this opportunity despite the challenging market conditions being experienced globally.” said CEO and Managing Director Matt Macfarlane.

“This is a significant opportunity for icetana to demonstrate its full capabilities of our motion intelligence platform to a new geographic market and potentially expand into a larger subset of the customer prisons.”

icetana’s share price has risen to 17c, at the time of publishing.

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For more information, visit icetana.com.

MAIN IMAGE: icetana video analytics (Source: vimeo.com/249342124)